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by dmitrygr 3106 days ago
Woodshed replied: https://medium.com/@jeff_52578/how-a-failed-kickstarter-camp...
3 comments

New link: https://medium.com/@jeff_52578/how-a-failed-kickstarter-camp...

Not sure if anything changed from the original post or it was deleted by mistake.

"The author deleted this Medium story"
EDIT: i made a copy: https://drive.google.com/open?id=1s3ymjWo7lQJxsrf0uDEurJZ3FB...

original post:

The summary as stated (and as i understood it) is as follows. I take no sides here, just trying to summarize the post since i managed to see it before it went bye-bye

> campaign did not succeed as promised, owners allegedly propped it up with own money from fraudulent credit cards that never cleared

> kickstarter paid woodshed $16K (the amount that did clear)

> depending on fee counting, woodshed owed 10% of that, plus 4K they spent on promoting the game

> their accountant told them that they are on hook if game isnt delivered since they have the money so they waited till game delivered

> their accountant told them they are on hook for taxes since they are in USA and got the money and they don’t know what to do now

> "words we said. allegations made. reputations ruined. it is in the hands of lawyers now"

I don't understand the tax concerns. They got $16k, they were owed $3-5K, they would have sent the rest to the owners, only what they kept needs to be reported as income for tax purposes.

The rest makes sense and I regret jumping to conclusions (though a quick tweet from Woodshed saying the story was inaccurate and they had a response coming without blocking people would have made it easier to trust them).

If it's true as told by Woodshed, if them I'd just refund the $16k to the backers, and wash my hands of it.

looks like the story is deleted already.